Project Status Report Page 2

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[Organization/Division]
Project Status Report
PROJECT STATUS REPORT: [PROJECT NAME]
Project Manager: [Name]
Week Ending: [MM-DD-YY]
Red
=Schedule/Cost variance >25% and/or Critical Issue.
Yellow
=
G
Schedule/Cost variance > 15% and < 25% and/or medium issue.
Green
=
Project Status
++
Schedule/Cost variance <15% and/or low risk issues.
Blue
=
Complete.
Purple
= On hold or deferred.
Black
= Cancelled or Aborted
++Project Status definition and thresholds should reflect your organizations policies and standards
Project Overview
► Project Sponsor: [
]
NAME
Project Start
Planned Finish
[MM-DD-YY]
Baseline Finish
[MM-DD-YY]
[MM-DD-YY]
Date*
Date**
Project Health
%
% Schedule
% Cost
Project
Choose
Complete
Variance^
Variance^^
Status
an item.
Brief Project Description
High level overview of project and any other key information that describes the project.
Brief Summary of Current Status
Accomplishments, Project Details, Relevant Information that falls outside of noted categories.
Project Milestones
Note: The below schedule is a snap-shot from the project schedule (either Microsoft Project Plan or other related
schedule document). The MS Project Plan (MPP) or other related schedule document, is the plan of record for the
project schedule. The attached table represents this schedule.
% Schedule
% Cost
Planned
% Complete
Description
Start Date
Finish Date
Variance ^
Variance^^
Project Phase: Initiation
Project Phase: Planning
Project Phase: Execution
Project Phase: Closure
* The date a PM was assigned to the project.
** The date 100% of all tasks are planned to be finished.
^ Deviation from the baseline schedule.
^^ Deviation from the baseline costs.
Based On: DIR PM Lite 2.0 Project Status Report Template | v2.0
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